Fiscal Note
The proposed resolution awards the contract for the reconstruction of Koster Street and North Rusk Avenue at total cost of $2,458,840. The adopted 2019 capital budget funds the project with GO Borrowing and associated utility funds via the Reconstruction Streets capital program in Engineering Major Streets. The breakout of estimated project cost by associated project component is as follows:
Major Streets - $1,114,940
Stormwater Utility - $774,050
Sewer Utility - $421,030
Water Utility - $148,820
MUNIS:
11676
Title
Awarding Public Works Contract No. 8110, Koster Street and North Rusk Avenue Assessment District - 2019. (14th AD)
Body
BE IT RESOLVED, that the following low bids for miscellaneous improvements be accepted and that the Mayor and City Clerk be and are hereby authorized and directed to enter into a contract with the low bidder contained herein, subject to the Contractor's compliance with Section 39.02 of the Madison General Ordinances concerning compliance with the Affirmative Action provisions and subject to the Contractor's compliance with Section 33.07 of the Madison General Ordinances regarding Best Value Contracting:
BE IT FURTHER RESOLVED, that the funds be encumbered to cover the cost of the projects contained herein.
See attached document (Contract No. 8110) for itemization of bids.